Guyana Goldfields (GUY) Shares Down 8.6%
Guyana Goldfields Inc. (TSE:GUY) traded down 8.6% during mid-day trading on Friday . The stock traded as low as C$4.42 and last traded at C$4.45. 569,352 shares traded hands during trading, an increase of 26% from the average session volume of 452,842 shares. The stock had previously closed at C$4.87.
Several equities research analysts have issued reports on the company. Royal Bank of Canada dropped their price target on Guyana Goldfields from C$8.00 to C$7.00 and set an “outperform” rating for the company in a research note on Tuesday, November 28th. BMO Capital Markets lifted their price target on Guyana Goldfields from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. Five analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of C$7.38.
The stock has a market cap of $780.92, a P/E ratio of 40.91 and a beta of -1.46.
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Guyana Goldfields Company Profile
Guyana Goldfields Inc (Guyana Goldfields) is a Canada-based mineral development and exploration company primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company’s Aurora Gold Mine is an operating gold mine project, which is located in Guyana.
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